OneAscent Large Cap Core ETF (NYSEARCA:OALC) Sees Significant Decrease in Short Interest

OneAscent Large Cap Core ETF (NYSEARCA:OALC) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 13,315 shares, a decrease of 33.9% from the December 15th total of 20,150 shares. Based on an average trading volume of 14,658 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 14,658 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On OneAscent Large Cap Core ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc boosted its stake in OneAscent Large Cap Core ETF by 248.2% in the 2nd quarter. IFP Advisors Inc now owns 14,086 shares of the company’s stock worth $457,000 after purchasing an additional 10,041 shares during the period. RFG Advisory LLC lifted its holdings in shares of OneAscent Large Cap Core ETF by 4.1% in the second quarter. RFG Advisory LLC now owns 72,517 shares of the company’s stock valued at $2,353,000 after purchasing an additional 2,884 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of OneAscent Large Cap Core ETF during the second quarter worth about $417,000. Atria Investments Inc boosted its position in shares of OneAscent Large Cap Core ETF by 10.9% during the second quarter. Atria Investments Inc now owns 925,763 shares of the company’s stock worth $30,041,000 after buying an additional 91,316 shares during the period. Finally, Jane Street Group LLC grew its holdings in shares of OneAscent Large Cap Core ETF by 97.5% during the second quarter. Jane Street Group LLC now owns 14,467 shares of the company’s stock worth $469,000 after buying an additional 7,143 shares in the last quarter.

OneAscent Large Cap Core ETF Trading Down 0.1%

Shares of NYSEARCA:OALC traded down $0.04 during trading on Friday, hitting $36.19. 14,544 shares of the company’s stock traded hands, compared to its average volume of 13,159. The company has a 50-day moving average price of $35.53 and a 200-day moving average price of $34.57. OneAscent Large Cap Core ETF has a 52 week low of $25.05 and a 52 week high of $36.82. The company has a market cap of $199.05 million, a price-to-earnings ratio of 25.77 and a beta of 0.93.

OneAscent Large Cap Core ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a $0.2152 dividend. This represents a dividend yield of 60.0%. The ex-dividend date was Tuesday, December 30th.

About OneAscent Large Cap Core ETF

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.